PUNJ LLOYD LTD. - Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors
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| 19 Feb 2021 | |
| Disclosure under Reg. 30(2) read with Schedule III of SEBI(LODR) Regulations, 2015 - Post - facto Outcome of the Twenty Fifth Meeting of CoC of Punj Lloyd Limited<BR> <BR> Dear Sir/Madam,<BR> <BR> Pursuant to Regulation 30 (2) of SEBI(LODR) Regulations, 2015 (LODR) and in accordance with the requirements of Sub Clause 16 (g) of Clause A of Part A of Schedule III of LODR, we wish to inform you regarding the outcome of Twenty Fifth Meeting of CoC of Punj Lloyd Limited held on February 16, 2021 in terms of Regulation 19 of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.<BR> <BR> In the Meeting of CoC, the final resolution plan submitted by the Resolution Applicant ('RA') was placed by the RP before the CoC Members and it was deliberated upon. Thereafter the CoC memebers decided that the resolution plan shall be put for e-voting for approval by the CoC members in accordance with the relevant provisions of Section 30 of the IBC, 2016.<BR> <BR> You are requested to take the same on record<BR> | |
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